Turkey Inflation Rises to 67, Keeping Pressure on Cenbank

Central bank has hiked policy rate by 3,650 bps since June Some economists see growing possibility of more tightening Finance minister says inflation to fall in next 12 months ISTANBUL, March 4 Reuters Turkey39;s annual inflation rate climbed to 67.07 in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises […]
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South African Rand Unchanged in Early Trade

JOHANNESBURG, March 4 Reuters South Africa39;s rand was flat in early trade on Monday, ahead of GDP and current account figures later in the week. At 0646 GMT, the rand traded at 19.1000 against the U.S. dollar , about the same as its closing level on Friday. The dollar was also little changed against a […]
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European Shares Scale Another Record High on Tech Support

ECB monetary policy meeting on Thursday Evonik plans 2,000 job cuts in a cost cut bid SoftwareOne shareholders scrap agreement to sell firm to Bain Delivery Hero surges after it announces financing deal March 4 Reuters European shares started the week on a subdued tone as investors remained cautious ahead of the European Central Bank39;s […]
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